Commercial Property in Otterbourne available for sale
8

Commercial Properties for Sale near Otterbourne, Winchester

Commercial Properties for Sale Within 5 miles of the Otterbourne, Winchester

More details for 25 High St, Eastleigh - Retail for Sale

25 High St

Eastleigh, SO50 5LF

  • Retail for Sale
  • £350,000
  • 2,178 sq ft
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More details for 133-145 Botley Rd, North Baddesley - Retail for Sale

133-145 Botley Rd

North Baddesley, SO52 9EB

  • Retail for Sale
  • £1,295,000
  • 5,301 sq ft
  • Security System

North Baddesley Retail for Sale

The property is located in a densely populated residential area 2.9 miles east of Romsey Town Centre and 6.3 miles north of Southampton City Centre. The property occupies a prominent position on Botley Road, the main A27 linking Southampton to Romsey. The site is located next to Baddesley Industrial Park. Prominent commercial site investment The property comprises a prominent commercial site consisting of a front car wash unit with ground floor reception / waiting area and first floor offices, plus an attached self-contained industrial unit occupied for the purpose of vehicle workshop and MOT testing station. The site benefits from a two points of access from Botley Road, one of which is via an easement with the adjacent industrial estate. The vehicle repair and MOT testing station is let to SJP Independent Garage Specialist Limited for a term of 10 years from 01 November 2022 at a passing rent of £35,000 per annum exclusive, subject to open market upward only rent review and tenant only break option on the 5th anniversary. The car wash demise is currently let by way of a Tenancy at Will. The occupier is prepared, subject to contract, to enter into a new 10 year lease at a rent of £60,000 per annum exclusive. Alternatively, that section of the site can be purchased with vacant possession. Site plans available on request. Site size 0.51 acres Prominent highly visible roadside site Scope for alternative uses (STP) Freehold Title Option 1: Fully income generating investment (£95,000p.a.) Option 2: Part income producing vehicle workshop (£35,000 p.a.) and vacant possession of car wash

Contact:

Hellier Langston Ltd

Property Subtype:

Vehicle Repair Garage

Date on Market:

04/10/2024

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More details for 55 Delamere Gdns, Fair Oak - Land for Sale

Land to the side of the Fox & Hounds - 55 Delamere Gdns

Fair Oak, SO50 7GD

  • Land for Sale
  • Price Upon Request
  • 0.21 ac Plot
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More details for Crampmoor Ln, Romsey - Land for Sale

Land South of - Crampmoor Ln

Romsey, SO51 9AJ

  • Land for Sale
  • Price Upon Request
  • 1.45 ac Plot
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More details for Speedwell Close, Eastleigh - Light Industrial for Sale

Unit 2 - Speedwell Close

Eastleigh, SO53 4BT

  • Light Industrial for Sale
  • £675,000
  • 5,545 sq ft
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More details for 7 Great Minster St, Winchester - Retail for Sale

7 Great Minster St

Winchester, SO23 9HA

  • Retail for Sale
  • £650,000
  • 1,413 sq ft
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FAQs About Commercial Property For Sale in Otterbourne

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How many commercial properties are currently available for sale in Otterbourne?
There are currently 0 commercial properties available for sale. Sizes range from to , with an average size of. Available opportunities may include offices, retail premises, industrial properties, mixed-use assets and development sites.
How much does commercial property cost in Otterbourne?
The average asking price is approximately per sq ft, with prices ranging from to per sq ft. Property values will vary depending on location, size, condition, tenant status and market demand.
What factors influence commercial property values?
Property values can be affected by location, building quality, asset size, lease terms, tenant covenant strength, redevelopment potential and local market conditions. For investment properties, income generation and yield are also important considerations.
What types of commercial property are available to buy?
The market may include offices, retail units, industrial properties, warehouses, land, mixed-use buildings and specialist assets. Availability will vary depending on location and current market conditions.
What should I consider before buying commercial property?
Key considerations include location, accessibility, property condition, planning permissions, lease arrangements, operating costs and future growth potential. Buyers should also understand any legal, environmental or structural issues that could affect value or usability.
What is rental yield and why does it matter?
Rental yield measures the income generated by a property relative to its purchase price. Investors often use yield to compare opportunities, although it should be considered alongside factors such as tenant quality, lease length and potential for capital growth.
Can I buy commercial property for my own business?
Yes. Many buyers purchase commercial property to occupy themselves rather than as an investment. Owning premises can provide greater control over operating costs, security of tenure and the potential to benefit from future capital appreciation.
Do I need a commercial mortgage?
Many buyers use commercial finance to fund acquisitions. Deposit requirements, lending terms and borrowing costs vary depending on the property, the buyer's circumstances and the intended use of the asset.
What due diligence should I carry out before buying?
Due diligence typically includes reviewing title documents, planning permissions, leases, service charge information, environmental matters and building condition reports. Professional legal and surveying advice is strongly recommended before completing a purchase.
What are the risks of buying commercial property?
Potential risks include market fluctuations, vacancy periods, tenant default, maintenance costs, planning restrictions and changes in local demand. Thorough due diligence and effective asset management can help reduce these risks.
Can overseas buyers purchase commercial property in the UK?
Yes. International buyers can purchase commercial property in the UK, although additional legal, tax and regulatory considerations may apply. Professional advice should be obtained before proceeding with a transaction.
What additional costs should I budget for?
In addition to the purchase price, buyers should budget for Stamp Duty Land Tax, legal fees, surveys, finance costs, insurance and any refurbishment or fit-out works that may be required.

Discover More Commercial Properties for Sale in the Otterbourne, Winchester

Market Overview for Commercial Properties in Otterbourne

Key information for Commercial Properties investors in Otterbourne and comparable markets. This summary brings together pricing and building size data to provide a clear view of market conditions and potential investment opportunities.

City Avg Price Per Sq Ft Avg Size Available
Ellisfield £113 2,690 sq ft
Beaminster £154 1,552 sq ft
North Baddesley £185 5,301 sq ft
Itchen Abbas £78 4,858 sq ft
Romsey £230 2,425 sq ft

Rental Price Trends in Otterbourne

The price per square foot range for Commercial Properties in Otterbourne and nearby cities. These metrics help establish valuation benchmarks and highlight possible value opportunities in the market.

City Min £ Sq Ft Avg £ Sq Ft Max £ Sq Ft
Ellisfield £113 £113 £113
Beaminster £138 £154 £171
North Baddesley £185 £185 £185
Itchen Abbas £78 £78 £78
Romsey £122 £230 £615

Available Building Sizes

A summary of the current sizes of Commercial Property for sale in the Otterbourne area. Refine your search based on space requirements and investment level.

City Smallest Property Avg. Sq Ft Largest Property
Ellisfield 2,690 sq ft 2,690 sq ft 2,690 sq ft
Beaminster 1,325 sq ft 1,552 sq ft 1,778 sq ft
North Baddesley 5,301 sq ft 5,301 sq ft 5,301 sq ft
Itchen Abbas 4,858 sq ft 4,858 sq ft 4,858 sq ft
Romsey 610 sq ft 2,425 sq ft 4,296 sq ft

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